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$251,977

NAL Estimated Property Value

4040 San Felipe Street 250, Houston, TX, 77027

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,068 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$205.99 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Electric Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher

Building Information

Year Built1956
Stories1

Land Information

APN1099630000010
SubdivisionRiver Oaks T/H Condo
Land UseResidential
Legal DescriptionUNIT 250 BLDG I .74 INT COMMON LAND & ELE RIVER OAKS T/H CONDO AMEND
Census Tract411200
Assessed Land Value$47,876
Assessed Improvement Value$204,101
Assessment Year2025

About this property

Totally gutted out and remodeled with all new kitchen, bathrooms, recessed lights, carerra marble floors, counter tops, brand new stainless steel appliances including refrigerator, washer and dryer, all new windows, and sliding glass patio doors. This is an amazing unit with a computerized network system.

Investor Tools

Property Icon
$251,977
Estimated Property Value
$0Estimated Mortgage Balance
$251,977Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,512 /month
Positive
Cash Flow Estimate:
$504 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$540/month
$537/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,224
$251,977
2025
$47,876
$204,101
$251,977
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$5,224
$251,977

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$251,977
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$537/mo
+$1,423/mo
9.3%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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4040 San Felipe Street 250 | Property Details | No Agent List